British Virgin Islands : Financial Sector Assessment Program Update Documentation: Technical Note on Mutual Fund Regulation

Author/Editor:

International Monetary Fund

Publication Date:

October 25, 2010

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In a previous assessment, it was concluded that the British Virgin Islands (BVI) regulatory system governing securities markets functioned well overall, but required improvement in certain areas. Those areas are implemented with regulatory code, Securities and Investment Business Act (SIBA), related regulations, and the public funds code. The standards and eligibility of those who wish to manage or administer a mutual fund are determined by the Financial Services Commission (FSC) under the authority granted by statute. A mutual fund can be organized as a corporation, unit trust, or partnership.

Series:

Country Report No. 10/325

Subject:

English

Publication Date:

October 25, 2010

ISBN/ISSN:

9781455208760/1934-7685

Stock No:

1VGBEA2010003

Format:

Paper

Pages:

15

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